I-13.2.2 - Deposit Institutions and Deposit Protection Act

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40.38. The Authority shall be the receiver of the bridge institution and of the asset management company, unless it designates a person to act as receiver.
The receiver is then vested with the powers provided for in paragraphs 1 to 9 of section 19.2 of the Act respecting the regulation of the financial sector (chapter E-6.1), and sections 19.3 to 19.5 and 19.9 of that Act apply to the receivership thus established, except any reference to an order from the Superior Court.
2018, c. 232018, c. 23, s. 376.